Azerbaijan’s flagship crude grade, Azeri Light, posted a notable decline in international markets, mirroring a broader downturn across major global oil benchmarks.
The Organization of the Petroleum Exporting Countries (OPEC) said in its 2026 world oil outlook report on Thursday that world oil demand is expected to reach 113.3 million barrels per day (bpd) by 2030, AzerNEWS reports.
Azerbaijan stands at a profound economic crossroads, poised to embark on one of the most audacious legislative experiments in its post-Soviet history. Long characterized by its vast oil and gas reserves, the nation is actively engineering a paradigm shift toward a knowledge-based economy.
During archaeological excavations in the ancient city of Aspendos in the Antalya province of Türkiye, a remarkable Roman-era mosaic of exceptional historical and artistic value has been uncovered, AzerNEWS reports.
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